Laserfiche WebLink
CONDOMINIUM <br />No: 101205880 (Continued) RIDER Page 2 <br />E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, <br />either partition or subdivide the Property or consent to: (i) the abandonment or termination of the Condominium Project, except for <br />abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking <br />by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the <br />express benefit of Lender; (iii) termination of professional management and assumption of self- management of the Owners <br />Association; or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the <br />Owners Association unacceptable to Lender. <br />F. Remedies. If Borrower does not pay condominium dues and assessments when due, then Lender may pay them. Any <br />amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument. <br />Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the <br />Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this Condominium Rider. <br />alLa_4�4` . 7 (Seal) <br />MARSHALL W FORST - Borrower <br />(Seal) <br />NORMA M FORST - Borrower <br />MULTISTATE CONDOMINIUM RIDER -- Single Family— Farw„e Mae/Freddle Mx UNIFORM INSTRUMENT <br />Page 2 of 2 Form 3140 1/01 <br />